Real exchange rates and real interest rates once again: a multivariate panel cointegration analysis

This paper employs multivariate panel cointegration techniques to re-examine the empirical relationship between bilateral real exchange rates and real interest rates. The results from a panel of 1470 quarterly observations on Canada, France, Germany, Italy, Japan, UK, and USA over the period 1977 to 1994 indicate the absence of any long-run relationship between the two variables.

MoreLess

Year of publication:	2006
Authors:	Chakrabarti, Avik
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 38.2006, 11, p. 1217-1221
Publisher:	Taylor & Francis Journals

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005282843